Donald Trump wants to steal money from the U.S. Treasury to build his big, beautiful wall, you know the thing he needs to get re-elected. Not so fast, our country is broke, not only broke, but we owe $22 TRILLION! We know Trump loves to go broke, after all, he has done it seven times, but we don’t. So get your grubby sleazy hands off of the American economy, please.
NPR reports that ‘the U.S. government’s public debt is now more than $22 trillion — the highest it has ever been. The Treasury Department data comes as tax revenue has fallen and federal spending continues to rise. The new debt level reflects a rise of more than $2 trillion from the day President Trump took office in 2017.
Despite being in the second-longest economic expansion since the post–World War II boom, the U.S. is projected to rack up annual deficits and incur national debt at rates not seen since the 1940s, according to the Congressional Budget Office.’